Funding arb · Price arb /

DRAM

RWAall DRAM markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.083%

Price spread now: Arcus against HTX−0.049%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Arcus is 0.049% cheaper against HTX than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 4.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX DRAM-USDT	61.100	0	get 0.0000% / 8h	1h 36m	$27K	$3K	20x
Short	Arcus DRAM-USD	61.070	0.0040	get 0.0005% / 1h	36m 42s	$48K	$68K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee ArcusbpOrdersPrice spread, now −0.049%Rate

Funding earned: $8.46
Price spread: −0.049% → 0.000%: −$4.91
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$12.95
Costs to cover: 0.165%
Break-even: 17.7 days

Slippage unknown: HTX: no order-book sample; Arcus: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell Arcus no order-book sample	—	—	—	—	—

HTX and Arcus: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

DRAM on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget DRAMUSDT	−0.0537%	8h	61.140	+0.065%	$26.0M	$14.6M	20x	as long as short
Bybit DRAMUSDT	0.0000%	8h	61.115	+0.025%	$9.4M	$10.3M	100x	as long as short
RISEx DRAM/USDC	0.0000%	1h	61.090	−0.016%	$423K	$367K	20x	as long as short
Gate DRAM_USDT	0.0000%	8h	61.150	+0.082%	$8.0M	$3.7M	75x	as long as short
GRVT DRAM_USDT_Perp	0.0000%	8h	61.140	+0.065%	$36K	$200K	10x	as long as short
SunX DRAM-USDT	0.0000%	8h	61.080	−0.033%	$711	$2.6M	10x	as long as short
Deribit DRAM_USDC-PERPETUAL	0.0000%	1h	61.090	−0.016%	$13K	$3K	20x	as long as short
HTX DRAM-USDTlong	0.0000%	8h	61.100	long leg	$27K	$3K	20x
Phemex DRAMUSDT	0.0000%	8h	61.090	−0.016%	$1.7M	$1.3M	10x	as long as short
Aster DRAMUSDT	+0.0004%	8h	61.105	+0.009%	$197K	$35K	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX DRAM-USDT-SWAP	+0.0019%	8h	61.070	−0.049%	$5.4M	$5.9M	50x	as long as short
Aftermath Perps DRAMUSD	+0.0030%	1h	61.095	−0.007%	$1K	$31K	5x	as long as short
QFEX DRAM-USD	+0.0039%	1h	61.100	0.000%	$995K	$84K	10x	as long as short
Arcus DRAM-USDshort	+0.0040%	1h	61.070	−0.049%	$48K	$68K	10x
Vest DRAM-USD-PERP	+0.0046%	1h	61.080	−0.033%	—	—	10x	as long as short
Entropy io:DRAM	+0.0050%	1h	61.076	−0.039%	$168K	$470K	25x	as long as short
Polymarket Perps DRAM-USD	+0.0050%	1h	61.070	−0.049%	$254K	$1.4M	10x	as long as short
SoDEX DRAM-USD	+0.0050%	1h	61.080	−0.033%	$2K	$15K	20x	as long as short
Ondo Perps DRAM-USD.P	+0.0050%	1h	61.050	−0.082%	$1.1M	$3.5M	10x	as long as short
edgeX DRAMUSDC	+0.0062%	4h	61.075	−0.041%	$148K	$298K	20x	as long as short
Variational Omni DRAM	+0.0063%	8h	61.114	+0.023%	$2.3M	$682K	—	as long as short
tradeXYZ xyz:DRAM	+0.0070%	1h	61.056	−0.072%	$79.1M	$35.9M	20x	as long as short
BloFin DRAM-USDT	+0.0083%	8h	61.080	−0.033%	$300K	$26K	20x	as long as short
Paradex DRAM-USD-PERP	+0.0097%	8h	61.072	−0.045%	—	—	5x	as long as short
Pacifica DRAM	+0.0100%	1h	61.093	−0.011%	$73K	$46K	10x	as long as short
KuCoin DRAMUSDTM	+0.0100%	8h	61.060	−0.065%	$3.0M	$415K	20x	as long as short
ApeX Omni DRAMUSDT	+0.0100%	1h	61.090	−0.016%	$21K	$185K	50x	as long as short
Orderly PERP_DRAM_USDC_mythos	+0.0100%	8h	61.100	0.000%	$8K	—	10x	as long as short
Extended DRAM-USD	+0.0104%	1h	61.065	−0.058%	$74K	$193K	10x	as long as short
Aevo DRAM-PERP	+0.0104%	1h	61.089	−0.018%	$4K	—	10x	as long as short
Binance DRAMUSDT	+0.0104%	8h	61.072	−0.046%	$43.7M	$87.6M	50x	as long as short
MEXC DRAM_USDT	+0.0108%	8h	61.080	−0.033%	$8.0M	$5.6M	100x	as long as short
Lighter DRAM	+0.0136%	1h	61.101	+0.002%	$1.1M	$1.2M	20x	as long as short
Coinbase International DRAM-PERP-INTX	+0.0160%	1h	61.110	+0.016%	$525K	$75K	20x	as long as short